November, New Delhi: Cygnett Hotels & Resorts is pleased to announce the signing of Cygnett Inn Kharagpur in West Bengal, a strategic addition that reinforces the company’s commitment to expanding its footprint across India. This full-service, midscale hotel will cater to the rising demand for quality and affordable accommodations in Kharagpur.

Cygnett Hotels & Resorts has been focused on expanding its presence in secondary Indian cities and towns, catering to the growing demand for budget and midscale hotels. Cygnett Inn Kharagpur has an inventory of over 75 rooms positioned to meet the needs of both business and leisure travellers. It will feature 6,000 square feet of banquet facilities and 5,000 square feet of manicured lawns for events and gatherings. The property also offers a diverse range of dining and leisure amenities, including an all-day dining restaurant, a lobby lounge, a bar, health club and a swimming pool.

Mr. Sarbendra Sarkar, Founder & Managing Director of Cygnett Hotels & Resorts, commented, “The Indian hospitality sector is experiencing steady demand growth across major markets with the midscale segment playing a significant role in fueling room demand nationwide. Kharagpur as a key industrial city has a substantial corporate travel base and Cygnett Inn Kharagpur will serve as a preferred accommodation option in the region.”

The opening of Cygnett Inn Kharagpur is part of Cygnett Hotels & Resorts larger expansion plan to reach over 100 operational hotels in the near future by 2029. The group’s growth strategy targets regions with strong tourism potential and active business hubs, ensuring that travellers benefit from quality accommodations, consistent service and sustainable practices.

“In the coming years, we are committed to expand strategically across destinations with high tourism appeal and strong business activity. From bustling urban centers to emerging tourist destinations, Cygnett Hotels & Resorts will be launching a number of new properties, offering travellers a diverse and inclusive hospitality experience,” added Mr. Sarkar.

Quality hotels, value for money, safety, consistent service, good food and sustainable practices are some of the Cygnett Inn brand’s value propositions. Industry estimates placed the global budget hotel market at $276.3 billion in 2022, with projections indicating it could reach $430.9 billion by 2032, growing at a CAGR of 4.1% from 2023 to 2032.